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2017 (12) TMI 1879

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..... he Respondent : Shri Mudit Nagpal, Sr. D.R. ORDER PER N.K. BILLAIYA, ACCOUNTANT MEMBER 1. These four appeals by the Assessee are preferred against separate orders of the ld. CIT(A)-11, Ahmedabad dated 27.07.2017 pertaining to A.Y. 2011-12, 2012- 13, 2013-14 & 2014-15. 2. Since in this bunch of appeals, the grievance of the assessee is common, therefore, they were heard together and are disp .....

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..... f the record shows that following question was asked and answered while recording the statement u/s. 132(4) of the Act of Shri Vijaynarayan Jaju on 14.06.2013:- 6. The statement was concluded with the following : 7. On 22.11.2013 by a letter addressed to ITO (Inv.), the assessee bifurcated the disclosure as under:- Shri M.J. Rana   Dt. 22/11/13 Income Tax Officer (Inv.) Unit-1/War .....

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..... Extention Textile C/o. Marwadi Store Exe. 0.00 0.00 0.00 0.00 19300000.00 19300000.00 Vijay Jaju Personal 0.00 0.00 0.00 2000000.00 2500000.00 4500000.00 Anand Patel Personal 0.00 0.00 0.00 1500000.00 1500000.00 3000000.00 Total 7200000.00 16200000. 00 2700000.00 43800000.00 94351000.00 164251000.00 Thanks & Regards, For, Shreem Grou .....

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..... has been caused to the assessee by such non verification. Therefore, in the interest of justice, we restore these appeals to the files of the A.O. The A.O. is directed to verify from the assessment records of Shreem Developers and Others, The amount of undisclosed income offered during the course of the search proceedings as per the statement mentioned hereinabove. If the A.O. is satisfied that th .....

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